单词 | quantity demanded |
释义 | quantity demandedQuantity Demandedquantity demandedthe amount of a PRODUCT (or FACTOR OF PRODUCTION) that consumers (or firms) buy in a given time period. The quantity demanded of a product depends upon the product's own price, consumers’ income, price of substitute products, etc. See DEMAND FUNCTION, DEMAND CURVE, DERIVED DEMAND. |
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